ANALYSIS: Czech champion Aero Vodochody's structural change

Aero Vodochody Aerospace has been through two revolutions of its own since the political changes that swept eastern Europe after the fall of the Berlin Wall. The mid-1990s saw a Boeing strategic investment in the Czech aerospace champion – one of the first by a Western manufacturer in the former Communist bloc. There was also a joint venture with Taiwan’s AIDC to develop a passenger turboprop. They promised a new era for the then state-run company, but both were ill-fated.

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